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Bank holding company Washington Mutual Inc. failed at a hearing yesterday to move ahead with a Chapter 11 plan to implement a controversial settlement with the Federal Deposit Insurance Corp. and JPMorgan Chase & Co.

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Monarch Mortgage Expands in Carolinas Opens Three Office Locations CHESAPEAKE, Va., Sept. 29 /PRNewswire-FirstCall/ — Monarch Mortgage, a division of Monarch Bank and one-bank holding company Monarch Financial Holdings, Inc. (NASDAQ:MNRK), recently opened three full-service mortgage offices in North Carolina and South Carolina. Monarch Mortgage opened its Charlotte, North Carolina office, located at 7900 Matthews Mint Hill Road, Suite 115, representing the company’s second entrance into th

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Premier Financial Bancorp, Inc. Reports Second Quarter 2009 EarningsHUNTINGTON, W. Va., Aug. 10 /PRNewswire-FirstCall/ — PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ:PFBI), a $729 million community bank holding company with six bank subsidiaries, announced its financial results for the second quarter of 2009. Premier realized income of $1,355,000 during the quarter ending June 30, 2009, a 29.8% decrease from the $1,930,000 of net income reported for the second quarter of 2008. On a per s

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Bay National Corporation Reports Second Quarter 2009 ResultsBALTIMORE, Aug. 5 /PRNewswire-FirstCall/ — Bay National Corporation (the “Company”) (NASDAQ:BAYN), the bank holding company for Bay National Bank, today reported a second quarter net loss of $2,045,000 or $0.95 per diluted share, as compared to a net loss of $776,000 or $0.36 per diluted share reported for the quarter ending June 30, 2008.The results for the current quarter include a provision for credit losses of $2,843,000 and net cha

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Despite a worrisome increase in nonperforming real estate loans at Waterstone Financial Corp., the bank holding company’s executives are hopeful that the worst is over and financial results will begin improving, the company’s president and CEO said at the annual meeting Tuesday morning. (WSBF)

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